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Jennifer Molnar Enabling Businesses To Evaluate the Role of Habitats in Hurricane Risk Mitigation Jennifer Molnar, Director of Science.

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Presentation on theme: "Jennifer Molnar Enabling Businesses To Evaluate the Role of Habitats in Hurricane Risk Mitigation Jennifer Molnar, Director of Science."— Presentation transcript:

1 Jennifer Molnar Enabling Businesses To Evaluate the Role of Habitats in Hurricane Risk Mitigation Jennifer Molnar, Director of Science

2 Case study: Dow Texas Operations, Freeport Gulf of Mexico Dow Texas Operations

3 Engineered and natural defenses Jennifer Molnar

4 Valuation for Corporate Coastal Hazard Mitigation Natural Hazard Mitigation Economic Costs and Benefits to Business and Public Levees Additional Benefits (e.g. Recreation) Biodiversity Habitat

5 Overview of Analysis Model future land cover with sea level rise, development Identify levee design for 100 yr storm Analyze flood and damages from Cat 1-5 storms Compare avoided damages Assess other public and ecosystem benefits Evaluate opportunities to enhance/protect values

6 Sea Level Rise and Decreasing Marsh Habitat 6 35% decrease in marsh 9% decrease in marsh Current2050, 0.57 m sea level rise2100, 1.29 m sea level rise

7 Future Loss of Marsh and Sea Level Rise Increases Risk in 2050 0.57m Sea Level Rise 11% Higher Floods 9% Higher Levee Costs Mitigating Effect of Habitat 1% Lower Floods 1% Lower Levee Costs

8 Private and Public Benefits from Habitat

9 Habitat for >200 Species Habitat for 12 Fisheries Plus:

10 Restoration May Maintain/Improve Benefits Restored Dry Lands

11 c Other Potential Opportunities for Coastal Protection

12 The Value of Information for Risk Management Science Business methods Inform Conservation/ Business Priorities Jennifer Molnar

13 Acknowledgments TNC-Sustainability Science: Sheila Walsh (co-lead), Tim Boucher, Jon Fisher, Anthony Rogers, Alex Maas, Jen Molnar Dow: Doug Whipple (co-lead), Daniel Ramirez, John DiMuro, Judy Gunderson TNC-TX: Michael Thompson, Jorge Brenner Natural Capital Project: Greg Guannel, Rob Griffin, Joe Faries, Joey Bernhardt, Greg Verutes, Spencer Wood, Jess Silver, Jodie Toft, Anne Guerry TNC-Global Marine: Mike Beck, Chris Shepard Warren Pinnacle Consulting: Jonathon Clough, Marco Propato, Amy Polaczyk AIR: Akshay Gupta, Andrew Kao Funding: Dow Chemical Company Foundation


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